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Home Business

Veteran Indian Businessman Vasu Shroff Passes Away at 85

by Rounak Majumdar
April 27, 2026
in Business, News, Other
Reading Time: 2 mins read
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Veteran Indian Businessman Vasu Shroff Passes Away at 85

www.firstpost.com

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Vasu Shroff, the Indian-origin entrepreneur widely credited with shaping Dubai’s textile trade, passed away on April 26 at the age of 85. He died at his residence in the Satwa area of Dubai, reportedly due to natural causes.

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Known across the UAE as the “Textile King,” Shroff was among the earliest Indian businessmen to establish a strong commercial presence in the Gulf. His passing has triggered an outpouring of tributes from the business community and Indian diaspora, many of whom regarded him as a pioneer who helped transform Dubai into a global trading hub.

His funeral is scheduled to take place at the New Sonapur cemetery in Dubai, with community members expected to attend in large numbers to pay their final respects.

From Humble Beginnings to Dubai’s Textile King:

Born in India, Shroff moved to the UAE in 1960 as a teenager, travelling by boat from Mumbai to Sharjah at a time when the region was still known as the Trucial States. His journey reflected the struggles and ambitions of an early generation of Indian migrants who arrived in the Gulf long before its rapid urban transformation.

He began his entrepreneurial journey with a small textile shop in Bur Dubai, eventually founding Regal Traders, which later grew into a large retail network spanning multiple countries. Over the decades, his business expanded into garments, real estate, and other sectors, helping lay the foundation for Dubai’s thriving textile and retail ecosystem.

At a time when Dubai lacked modern infrastructure, Shroff’s ventures stood out as symbols of resilience and long-term vision. His ability to scale a modest enterprise into a major commercial group earned him both respect and influence within the UAE’s business circles.

A Legacy Beyond Business and Trade:

While Shroff’s business achievements were widely acknowledged, his contributions extended far beyond commerce. He played an active role in supporting educational institutions, community organisations, and religious initiatives in the UAE.

He was associated with the growth of Indian community institutions in Dubai and contributed significantly to philanthropic causes, including funding schools, hospitals, and cultural initiatives. Over the years, he also supported the development of Hindu temples in the UAE, reflecting his commitment to community welfare and cultural preservation.

Shroff’s leadership style, marked by humility and long-term thinking, made him a mentor figure for younger entrepreneurs. His journey from a young migrant to a respected business leader continues to inspire many within the Indian diaspora.

Tributes Pour In for a Visionary Leader:

Following news of his passing, tributes poured in from across social media and business circles, highlighting his lasting impact on Dubai’s growth story.

One such tribute read: “It is with a heavy heart that I learned of the passing of Dada Vasu Shroff… the UAE has lost a titan of industry.” – Dr Bu Abdullah

Another message from the community described him as a guiding force whose legacy would endure through the institutions he helped build. Business leaders and associates also remembered him as a visionary who combined commercial success with social responsibility.

Shroff’s company, the Regal Group, said in a statement that his “vision, humility, and unwavering dedication” would continue to inspire future generations.

His death marks the end of an era for Dubai’s textile trade, but his influence remains deeply woven into the city’s commercial fabric. For many, Vasu Shroff’s life story stands as a testament to what determination, foresight, and community spirit can achieve.

Tags: Dubai business newsDubai textile tradeIndian businessman UAEIndian diaspora UAERegal Group Dubaitextile industry DubaiUAE entrepreneursVasu ShroffVasu Shroff legacyVasu Shroff obituary
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